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Bookmark or Share- Banking Act of 1933 (Glass-Steagall) - Federal Reserve HistoryThe Glass-Steagall Act effectively separated commercial banking from investment banking and created the Federal Deposit Insurance Corporation, among other things. It was one of the most widely debated legislative initiatives before being signed into law by President Franklin D. Roosevelt in June 1933.
- Glass–Steagall legislation - WikipediaThe Glass–Steagall legislation describes four provisions of the United States Banking Act of 1933 separating commercial and investment banking. [1] The article 1933 Banking Act describes the entire law, including the legislative history of the provisions covered.
- Glass-Steagall Act of 1933: Definition, Effects, and Repeal - InvestopediaGlass-Steagall aimed to prevent a repeat of the 1929 stock market crash and the wave of commercial bank failures. Signed into law by President Franklin Delano Roosevelt on June 16, 1933,...
- Glass Steagall Act: Definition, Purpose, Repeal - The BalanceThe Glass-Steagall Act is a 1933 law that separated investment banking from retail banking. Investment banks organized the initial sales of stocks, called an initial public offering. They facilitated mergers and acquisitions.
- The Glass-Steagall Act: A Legal and Policy AnalysisCongress effected a separation of commercial and investment banking through four sections of the Banking Act of 1933—Sections 16, 20, 21, and 32. These four statutory provisions are commonly referred to as the Glass-Steagall Act.
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